Mining industry software leader MICROMINE is continuing its ambitious growth campaign with the second acquisition in less than three months.
The company, renowned for its strengths in geology, mine design and mine management capability is adding innovative scheduling software company Alastri to its rapidly growing stable.
MICROMINE CEO Andrew Birch said the partnership would give Alastri a global growth platform and bring state of the art scheduling tools to mine operators searching for greater efficiency. Alastri is a very complimentary offering to the Precision business which was recently acquired and together provide a leading position in the respective scheduling markets.
“Rather than starting from scratch, and building products in competition, we are looking for best in class companies that have proven products and want to grow,” Mr Birch said.
“MICROMINE’s international footprint, with more than 2,000 sites in 90 countries, represents 35 years of growth and investment that is very difficult for new companies to emulate.
“This way, we bring new products to our clients faster, and give great Australian technology the opportunity to flourish, with the backing of our global distribution, implementation and support teams.
“Miners today want software that is powerful, appealing to use and easy to integrate. Gone are the days of standalone systems that don’t talk to each other”.
“By growing our suite of products in this way, we can ensure each one plays to its unique strengths while introducing a high level of interoperability aligned with the core Micromine platform.”
Alastri was founded in 2012 by Perth-based mining engineers Daniel Narayan and Max Bygraves, who wanted to build open pit mine planning software that was fast, visually stunning, user friendly, and capable of modelling complex open pit mines.
The company has grown rapidly from its head office in Perth, Western Australia, building a strong position in the open pit metals mining industry with software products that cover daily scheduling through to life of mine planning.
Alastri co-founder and Managing Director Daniel Narayan said the products would continue to be supported and sold under the existing Alastri brand and the team was looking forward to being part of MICROMINE.
“We had a strong vision when we started the company and are looking forward to seeing how far we can take that now, with the backing and resources of a market leader like MICROMINE.
“By concentrating exclusively on open pit metals mining, we have been able to build higher-level software that enables mining engineers to think like mining engineers, not programmers.
“As part of the MICROMINE family, the Alastri business unit will be able to leverage the technical expertise of MICROMINE’s massive, global team of developers and mining engineers, including the Precision Mining team, to deliver an even stronger solution to our current and future customers around the world.”
MICROMINE is a pioneer in Australia’s software industry and a leading provider of advanced technology for the exploration and mining sector. The company celebrates its 35th anniversary in 2021.
MICROMINE’s products are used at more than 2,000 sites in over 90 countries. The suite includes world leading products Micromine, Geobank, Pitram, Spry, and now Alastri. Together, they cover the entire mining lifecycle, from geological exploration and data management to resource estimation, 3D mine design, planning and production control.
MICROMINE is a global leader in its segment with a presence in all major mining hubs, including the US, UK, Canada, Indonesia, Russia, Turkey, South Africa, Mongolia, Uzbekistan, Kazakhstan, China, Mexico, and the Ukraine.
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